Bahrain (BHR) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Bahrain-South Korea Trade: In 2022, Bahrain exported $843M to South Korea. The main products that Bahrain exported to South Korea were Refined Petroleum ($412M), Raw Aluminium ($201M), and Iron Blocks ($90.2M). Over the past 5 years the exports of Bahrain to South Korea have increased at an annualized rate of 17.5%, from $376M in 2017 to $843M in 2022.

In 2022, Bahrain did not export any services to South Korea.

South Korea-Bahrain Trade: In 2022, South Korea exported $177M to Bahrain. The main products that South Korea exported to Bahrain were Cars ($38.4M), Coal Tar Oil ($14.7M), and Insulated Wire ($12.5M). Over the past 5 years the exports of South Korea to Bahrain have decreased at an annualized rate of 13%, from $355M in 2017 to $177M in 2022.

In 2022, South Korea did not export any services to Bahrain.

Comparison In 2022, Bahrain ranked 77 in total exports ($20.7B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahrain exported $843M to South Korea. The main products exported from Bahrain to South Korea were Refined Petroleum ($412M), Raw Aluminium ($201M), and Iron Blocks ($90.2M). During the last 5 years the exports of Bahrain to South Korea have increased at an annualized rate of 17.5%, from $376M in 2017 to $843M in 2022.

In 2017, South Korea exported $177M to Bahrain. The main products exported from South Korea to Bahrain were Cars ($38.4M), Coal Tar Oil ($14.7M), and Insulated Wire ($12.5M). During the last 5 years the exports of South Korea to Bahrain have decreased at an annualized rate of 13%, from $355M in 2022 to $177M in 2017.

Exports from Bahrain () to South Korea () (2022)

Exports from South Korea () to Bahrain () (2022)

Latest Data

Trade between Bahrain () and South Korea ()

Bahrain Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahrain
Top DestinationSaudi Arabia$3.03B

South Korea
Top DestinationChina$150B

This map shows whether countries import more from Bahrain or South Korea. Each country is colored based on the difference in imports they receive from Bahrain and South Korea or the difference in the growth in imports.

In 2022, countries that imported more from Bahrain than South Korea included Oman ($841M), Democratic Republic of the Congo ($256M), and Algeria ($296M).

In 2022, countries that imported more from South Korea than Bahrain included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Bahrain () (2022)

Comparative Advantage Bahrain - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Bahrain and South Korea by product, considering products traded by both, Bahrain and South Korea.

During 2022, Bahrain had a large net trade with South Korea in the exports of Mineral Products ($449M), Metals ($305M), and Chemical Products ($74.8M).

During 2017, South Korea had a large net trade with Bahrain in the exports of Machines ($59.6M), Transportation ($41.8M), and Mineral Products ($21.9M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bahrain and South Korea. This means that a dot/product with the flag of Bahrain indicates it has a comparative advantage over South Korea. Similarly, a dot/product with the flag of South Korea indicates it has a comparative advantage over Bahrain.

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Historical Data

Bilateral Trade by Products

Exports from Bahrain () to South Korea () (2022)

Exports from South Korea () to Bahrain () (2022)

Latest Data

Trade between Bahrain () and South Korea ()

Bahrain Exports

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Bahrain () (2022)

Comparative Advantage Bahrain - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bahrain () and South Korea () (2022)

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